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Bank of England hikes interest rates by 25 basis points after inflation surprises

23. March 2023 Finance (0)
The Bank of England on Thursday hiked interest rates to their highest level since 2008 as it grapples with persistent high inflation.

'There was nothing wrong with the bank': Why some Silicon Valley CEOs don't blame SVB for its crash

23. March 2023 Finance (0)
Many observers blame Silicon Valley Bank for its collapse earlier this month. Some startup CEOs who used the bank — and suffered during its crash — disagree.

Why hasn't U.S. poverty improved in 50 years? Pulitzer-prize winning author Matthew Desmond has an answer

23. March 2023 Finance (0)
In his new book, "Poverty, by America," Matthew Desmond says that poverty persists in the U.S. because many Americans and large companies profit from it.

Block shares plunge 19% after short-seller Hindenburg says Jack Dorsey’s company facilitates fraud

23. March 2023 Finance, Technology (0)
Block shares plunged after noted short-seller Hindenburg Research said the company's flagship Cash App facilitates crime and lacks strong compliance controls.

Top 10 things to watch in the stock market Thursday: Stocks bounce, Ford EVs, Apple

23. March 2023 Finance (0)
The Dow, the S&P 500 and the Nasdaq look to rebound Thursday, one day after a sharp, late-session selloff.

Watch live: TikTok CEO testifies before House committee as potential U.S. ban looms

23. March 2023 Finance, Technology (0)
TikTok CEO Shou Zi Chew will testify before the House Energy and Commerce Committee this morning, as his company fights to stave off a potential ban in the U.S.

Stocks making the biggest moves premarket: Coinbase, AMC, Chewy, First Republic and more

23. March 2023 Finance (0)
These are the stocks posting the largest moves in premarket trading.

Europe’s rush to LNG could turn into ‘world’s most expensive and unnecessary insurance policy'

23. March 2023 Finance (0)
Several European countries have announced new LNG projects or the expansion to existing ones in response to shutdown of Russian gas pipelines.

Judge cites Trump's past verbal attacks in using anonymous jury for rape defamation case

23. March 2023 Finance (0)
Donald Trump is being sued for allegedly raping and defaming the writer E. Jean Carroll, who says he attacked her in a New York department store.

Why some Silicon Valley CEOs don't blame SVB for its crash: 'I still fundamentally believe' nothing was 'wrong with the bank'

23. March 2023 Finance (0)
Many observers blame Silicon Valley Bank for its collapse earlier this month. Some startup CEOs who used the bank — and suffered during its crash — disagree.
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